Tagged: company

This Treasury Official Is Running the Bailout. It’s Been Great for His Family.

A Treasury spokeswoman declined to say whether Muzinich has pledged not to take back the stake in the family firm once his public service ends. Through his first year in the administration, even as Muzinich continued to own his stake in the family firm, he met with a wide range of business executives to hash out major tax provisions that would affect them, according to his 2017 calendars that ProPublica obtained after suing the Treasury last year under the Freedom of Information Act. Read More: propublica.org

‘Just like he said “open the economy by Easter”…not an expert and zero credibility’

TRUMP CONTRADICTS TOP HEALTH OFFICIALS WITH VACCINE TIMELINE, MALARIA DRUG CLAIMS: President Donald Trump claimed on Sunday that a coronavirus vaccine would be ready by the end of 2020 and returned to touting an unproven treatment for the disease – on both fronts contradicting his own health officials as well as companies developing and testing potential vaccines. Trump acknowledged Sunday that his vaccine timeline may go beyond what his own experts have advised, but insisted on his optimistic timeline. Read More: politico.com

As the Start-Up Boom Deflates, Tech Is Humbled

Investments in young companies have fallen, with 2,215 start-ups raising money in the United States in the last three months of 2019, the fewest since late 2016, according to the National Venture Capital Association and PitchBook, which track start-ups. SoftBank bet big on companies like Uber and WeWork, as well as the Colombian delivery start-up Rappi and the Indian hospitality start-up Oyo. Read More: nytimes.com

FCC set to fine big telecom companies for selling location data. Is $200 million enough?

At a public meeting today, the The Federal Communications Commission said the country’s top cell phone carriers – AT&T, Verizon, Sprint and T-Mobile – would be fined $200 million after officials found they were selling customer’s real-time location data. She said the FCC kept consumers in the dark for nearly two years after the agency learned that wireless carriers were still selling location data. Read More: marketplace.org

2019 Expansion Saas Benchmarks

More than 500 companies participated in the 2019 Expansion SaaS Benchmarks survey, ranging from pre-revenue to $150M+ ARR publicly traded SaaS companies. In reality, very few public SaaS companies support their growth with high burn – in fact just 7 public SaaS companies will generate substantial negative profit margins this year. Read More: openviewpartners.com

ness Tactics to Retain At-Risk Customers

Customer Retention’s A Top Priority for Subscription Businesses: What Tactics Are They Using?

9 in 10 B2B and B2C subscription businesses put customer retention at a higher or equal level of priority than they do customer acquisition, per a report from Brightback. The focus on customer retention is especially true for B2B subscription businesses, where 90% say that retention is one of their top 3 priorities when it comes to subscriber growth this year, ahead of expansion, acquisition and onboarding. Read More: marketingcharts.com

The Secretive Company That Might End Privacy as We Know It

Clearview’s app carries extra risks because law enforcement agencies are uploading sensitive photos to the servers of a company whose ability to protect its data is untested. After the company realized I was asking officers to run my photo through the app, my face was flagged by Clearview’s systems and for a while showed no matches. Read More: www.nytimes.com

Remembering the startups we lost in 2019

For our purposes, we’re focusing here on independent startups, not digital initiatives from larger companies – though in at least one case, the startup was acquired by a larger company before shutting down. Daqri was, at one point, speaking with a large private equity firm about financing ahead of a potential IPO, but as the technical realities facing other AR companies came to light, the firm backed out and the deal crumbled, according to earlier TechCrunch reporting. Read More: techcrunch.com

‘Opportunity or threat? Either way, it’s staring us in the face.’

A SIMPLE QUESTION NO ONE IN AD TECH WILL ANSWER: There’s a question in ad tech that’s been surprisingly difficult to get a straight answer to lately: What happens to programmatic advertising as cookies crumble away?. So which is it? Is doomsday coming, with Google Chrome on the verge of stamping out third-party cookies completely, following in the footsteps of Firefox and Safari, as cookieless proponents want? Or will tech companies keep building workarounds and playing cat-and-mouse until they stumble into that mythical cookieless solution – thereby preserving online advertising and marketing as we know it?. Read More: adexchanger.com